EUROPEAN FIXED INCOME UPDATE: bonds remain diverse, but roles reverse
Analysis details (10:34)
Debt continues to flip-flop and consolidate after marked recovery and midweek session squeeze through position rolls from December to March for futures. However, the recent trend of EU outperformance over the US has partially reversed ahead of Friday’s pm macro releases comprising PPI, prelim UoM survey findings as Wholesale Sales, as Bunds and Gilts sit in negative territory within 141.94-13 and 106.23-105.73 bounds, while the T-note holds above par between 114-23+/114-15 parameters.
09 Dec 2022 - 10:34- Research Sheet- Source: Newsquawk
Subscribe Now to Newsquawk
Click here for a 1 week free trial
Newsquawk provides audio news and commentary for over 15,000professional traders and brokers worldwide. Services include:
- Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
- Teams of analysts covering equities, fixed income, FX, energy, and metals markets
- Real-time scrolling news service with instant analysis
- Daily and weekly pre-market research and calendars
- Video updates covering near-term key risk events & primary trading themes
- One-to-one chat with our expert analysts